Question Bank - Banking & Financial Services

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Who among the following presented the annual budget of Uttar Pradesh state for 2018-19 in the state's Legislative Assembly?

A.
Rajesh Agarwal
B.
Dinesh Sharma
C.
Surya Pratap Shahi
D.
Satish Mahanta

Solution:

The correct answer is Rajesh Agarwal. The Finance Minister of Uttar Pradesh, Mr. Rajesh Agarwal, presented the Budget for the financial year 2018-19 on February 16, 2018. Key Highlights of the budget are:The Gross State Domestic Product of Uttar Pradesh for 2018-19 (at current prices) is estimated to be Rs 14,88,934 This is 8% higher than the revised estimates for 2017-18. Total expenditure for 2018-19 is estimated to be Rs 4,28,385 crore, a 16. 3% increase over the revised estimates of 2017-18. In 2017-18, there was a decrease of Rs 16,259 crore (4. 2%) in the expenditure over the budget estimates. Total receipts (excluding borrowings) for 2018-19 are estimated to be Rs 3,53,784 crore, an increase of 15. 9% as compared to the revised estimates of 2017-18. In 2017-18, total receipts (excluding borrowings) fell short of the budgeted estimate by Rs 14,369 crore. Revenue surplus for the next financial year is targeted at Rs 27,099 crore or 1. 82% of the Gross State Domestic Product (GSDP). The fiscal deficit is targeted at Rs 44,053 crore (2. 96% of GSDP). Additional InformationChief Minister of Uttar Pradesh - Yogi AdityanathGovernor of Uttar Pradesh - Anandiben PatelDGP of Uttar Pradesh - H. C. Awasthy. Literacy rate of Uttar Pradesh - 69. 72 %Total districts in Uttar Pradesh - 75The largest district of Uttar Pradesh - Lakhimpur KheriThe smallest district of Uttar Pradesh - Bhadohi

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